Siva – The Industrial Development Corporation of Norway

Siva – The Industrial Development Corporation of Norway is the governmental corporation and national instrument founded in 1968. Siva is owned by Norwegian Ministry of Trade and Industry. Siva aims to develop strong regional and local industrial clusters through ownership in infrastructure, investment and knowledge networks as well as innovation centers.

The goal is improvement of national infrastructure for innovation. Sivas main objective is to contribute to the achievement of the Norwegian government’s policy goals in remote areas, and within this framework contributes to unleash innovation capability and increase wealth creation in all parts of the country.

The enterprise is organized in main areas Real Estate and Innovation. Siva Corporation has ownership in 150 companies in total. This includes subsidiary companies and attached companies.

Siva fosters a large innovation system in Europe. More than 1,500 stakeholders, including private investors, industrial and financial corporations, companies, universities and other important R&D institutions, participate in Siva’s activities. Siva is a co-owner in 150 companies in Norway and functions as an exchange for sharing approaches to industry and innovation. Siva is a partner in 56 business gardens, 24 business incubators, 19 industry incubators in core industries, 25 science and research parks, 10 seed-venture companies and 12 Norwegian Centers of Expertise across Norway.